Paragon 28 Probability of Future Stock Price Finishing Under 12.13
| FNADelisted Stock | USD 13.09 0.00 0.00% |
Paragon |
Paragon 28 Target Price Odds to finish below 12.13
The tendency of Paragon Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to drop to $ 12.13 or more in 90 days |
| 13.09 | 90 days | 12.13 | about 18.64 |
Based on a normal probability distribution, the odds of Paragon 28 to drop to $ 12.13 or more in 90 days from now is about 18.64 (This Paragon 28 probability density function shows the probability of Paragon Stock to fall within a particular range of prices over 90 days) . Probability of Paragon 28 price to stay between $ 12.13 and its current price of $13.09 at the end of the 90-day period is about 49.85 .
Considering the 90-day investment horizon Paragon 28 has a beta of -0.21. This usually indicates as returns on the benchmark increase, returns on holding Paragon 28 are expected to decrease at a much lower rate. During a bear market, however, Paragon 28 is likely to outperform the market. Additionally Paragon 28 has an alpha of 0.384, implying that it can generate a 0.38 percent excess return over Dow Jones Industrial after adjusting for the inherited market risk (beta). Paragon 28 Price Density |
| Price |
Predictive Modules for Paragon 28
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Paragon 28. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Paragon 28 Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. Paragon 28 is not an exception. The market had few large corrections towards the Paragon 28's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Paragon 28, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Paragon 28 within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | 0.38 | |
β | Beta against Dow Jones | -0.21 | |
σ | Overall volatility | 0.70 | |
Ir | Information ratio | 0.21 |
Paragon 28 Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Paragon 28 for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Paragon 28 can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| Paragon 28 is not yet fully synchronised with the market data | |
| Paragon 28 has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 256.18 M. Reported Net Loss for the year was (54.64 M) with profit before taxes, overhead, and interest of 191.49 M. | |
| Paragon 28 has about 73 M in cash with (27.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95. | |
| Roughly 31.0% of the company shares are held by company insiders |
Paragon 28 Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Paragon Stock often depends not only on the future outlook of the current and potential Paragon 28's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Paragon 28's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 83.3 M | |
| Cash And Short Term Investments | 34.6 M |
Paragon 28 Technical Analysis
Paragon 28's future price can be derived by breaking down and analyzing its technical indicators over time. Paragon Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Paragon 28. In general, you should focus on analyzing Paragon Stock price patterns and their correlations with different microeconomic environments and drivers.
Paragon 28 Predictive Forecast Models
Paragon 28's time-series forecasting models is one of many Paragon 28's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Paragon 28's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Paragon 28
Checking the ongoing alerts about Paragon 28 for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Paragon 28 help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| Paragon 28 is not yet fully synchronised with the market data | |
| Paragon 28 has a very high chance of going through financial distress in the upcoming years | |
| The company reported the last year's revenue of 256.18 M. Reported Net Loss for the year was (54.64 M) with profit before taxes, overhead, and interest of 191.49 M. | |
| Paragon 28 has about 73 M in cash with (27.15 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.95. | |
| Roughly 31.0% of the company shares are held by company insiders |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Other Consideration for investing in Paragon Stock
If you are still planning to invest in Paragon 28 check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Paragon 28's history and understand the potential risks before investing.
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance |